“Consideration” means that each party must provide something of value.3 min read If the services are provided voluntarily, without the promiser`s wish or otherwise than at its request, and the promiser agrees to compensate the person who provided its services. In such cases, the promise does not need consideration to support it, and the matter falls under section 25 of the Act; Sindha Shri Ganpatsingji v. Abraham aka Vazir Mahomed Akuji, (1895) 20 Bom 755. Explanation 2: An agreement on which the agreement is given voluntarily is not only due to the inadequacy of the counterparty; the inadequacy of the consideration may, however, be taken into account by the Court of Justice in determining whether the promiser`s agreement was voluntarily granted. .
- September 10, 2021 – 11:22 pm